An approximation algorithm for the location of dairy enterprises under time constraints
An approximation algorithm for the location of dairy enterprises under time constraints
复制标题
时间约束下乳品企业选址的近似算法
DOI:
10.1016/j.ejor.2006.09.048
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发表时间:
2007
期刊:
影响因子:
--
通讯作者:
B. Manos
中科院分区:
文献类型:
--
作者:
J. Papathanasiou;B. Manos
The facility location problem constitutes a major part of the strategic planning of a dairy enterprise. The decision making process for such a long term investment is rather complicated, with many of the issues involved belonging to the NP – Hard class of algorithms and therefore the challenge for operational researchers who attempt to mathematically model the problem is significant. A number of models have appeared in the last few years in an attempt to find a solution to the problem. This paper introduces a model pertaining to saturated and competitive markets, which include a high investment risk as well as a small margin for incorrect decisions of the newcomers. Time is a crucial element, especially for sensitive products with a limited life span cycle. An approximation algorithm is used and the solution is then compared with the optimal one. Emphasis was given to the running time of the software program, both in the designing and the implementation of the algorithm.